Credit Card Debt in Bankruptcy

The Chapter 13 Bankruptcy Repayment Plan

You must be able to devise a repayment plan that you can afford for the repayment period (three to five years), and the court must approve the plan.

Keeping a Credit Card in Chapter 7 Bankruptcy

Filing for Chapter 7 bankruptcy wipes out qualifying debt and gets filers back on their feet. Learn why keeping a credit card in Chapter 7 bankruptcy is unlikely and why you should plan on rebuilding credit after completing a Chapter 7 bankruptcy case.

Debt Settlement Can't Protect You from Being Sued by Credit Card Companies

People often turn to debt settlement or debt consolidation agencies in a good faith attempt to pay back their debts.

How long before filing for bankruptcy are you supposed to stop using credit cards?

I am considering filing for bankruptcy because I have recently lost my job, and have no means to repay my outstanding debts. I can hardly cover my daily expenses without my credit card. I know...

Running Up Credit Cards Before Filing Bankruptcy: Is it Fraud?

Filing for bankruptcy can help you get rid of credit card debt; however, if you use your credit cards excessively knowing you intend to file bankruptcy, the credit card company can accuse you of fraud and take steps to make you repay the debt.

Can I use my credit card before I file for bankruptcy?

Wiping out credit card debt is a primary reason for filing for bankruptcy, and many people consider maxing out charge cards before filing for bankruptcy. However, you should be aware of the problems associated with using credit cards shortly before bankruptcy. For instance, if you use your credit card for a cash advance or buy luxury items and other things not needed for your support, the credit card company might ask the court to force you to pay it back.

I paid off some student loans with a credit card. Can I discharge them in bankruptcy?

Typically, it is difficult to wipe out (“discharge”) student loans in bankruptcy. On the other hand, the bankruptcy court often discharges credit card debt automatically. Does that mean you can pay your student loans with your credit card and then discharge that debt in bankruptcy? Find out why putting student loans on a credit card isn’t a sound tactic for handling student loan debt.

The New Bankruptcy: Will It Work for You?

Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.

How to File for Chapter 7 Bankruptcy

The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

This comprehensive guide explains the Chapter 13 process, from start to finish.